Concerns rise over price pressures May 26, 2011 Inflation expectations sprang back up in May, according to a survey by YouGov. The median for inflation expectations in the year ahead rebounded to 3.4 per cent in May, having fallen from 3.5 per cent in March to 2.9 per cent in April. The consumer price index hit 4.5 per cent last month.
French high street morale lifts May 26, 2011 Consumer confidence edged up in France this month, it was revealed yesterday. A leading index of sentiment rose by one point to 84. Meanwhile the number of people claiming unemployment benefit fell by 6,300, in another positive data release for the country.
German imported inflation slows May 26, 2011 German import price inflation slowed to 9.4 per cent annualised in April, down from 11.3 per cent in March.
Rooney’s mojo is match for Messi May 26, 2011 IT’S the final almost every fan would have wanted: two champions of their respective leagues who have without doubt played the best football in Europe this season. More than that, it throws together two of the most brilliantly unpredictable players on the planet and places them in direct opposition. I can’t wait. Similarities abound between [...]
Banks may benefit from EU easing of Basel rules May 26, 2011 BANKS with large insurance arms could sidestep the toughest elements of the new Basel III capital requirements, according to not-yet-released draft European Union legislation. The draft plans to roll Basel III out across the EU could let banks count more capital held within their insurance arms towards the quota they must hold, than institutions outside [...]
Halting our debt binge will be painful May 26, 2011 WELCOME to the new normal. For years, the UK economy has been fuelled by the unsustainable accumulation of debt, public as well as private. Now that the cheap money bubble has burst, and consumers, firms and the government can no longer go on borrowing as if there were no tomorrow, Britain will have to learn [...]
Messi darts about like boxer trying to find a soft spot May 26, 2011 Former Barcelona and England manager gives his Champions League final verdict BARCELONA are slight favourites and I think that’s fair. Saying that, however, I think everything’s getting stronger and stronger for Manchester United. People have said that they’re not as good as they were or haven’t been at their best. My first reaction was: Crikey, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 26, 2011 FINANCIAL TIMES HSBC EMBROILED IN INTERNSHIP ROW HSBC has been accused of nepotism after its legal department implied it offered work experience only to the sons and daughters of its own executives. Richard Bennett, group general counsel, sent a letter rejecting a young woman who had sought unpaid work in his department. “HSBC does not [...]
Barca aren’t only ones with stars May 26, 2011 Champions League winner with Man Utd says Catalans aren’t in league of their own IHAVE to laugh when I hear people dismissing this Manchester United team as the weakest title-winning group Sir Alex Ferguson has built. There is no such thing as weak Premier League champions and to my mind this is the most underrated [...]
High street morale surges May 26, 2011 MORALE on the British high street took a huge leap in May, recording the second sharpest rise of all time, the GfK NOP consumer confidence index revealed today. People reported a boost to their confidence over personal finances and the general economic outlook. The last time the headline index accelerated this fast was in May [...]